Medience's largest shareholder Kim Eun-jeong increases stake to 37.87% through on-market purchase by special relation, signaling continued control
Medience's largest shareholder Kim Eun-jeong and her special relations purchased a total of 57,439 shares on the market from June 16 to June 22, 2026, increasing their combined stake from 37.38% to 37.87%, a 0.49%p increase.
The purchase was carried out by the affiliated company Upis Sales Co., Ltd. using its own operating funds of approximately 95 million KRW, with an average purchase price of about 1,654 KRW, slightly below the current price of 1,684 KRW.
No new business plans or capital changes are mentioned in the report; the move is interpreted as an effort to maintain influence over management as the largest shareholder.
[AI Summary]The slight increase in stake through on-market purchases signals the largest shareholder's intent to strengthen control, but the lack of accompanying shareholder return or new investment plans limits the impact on the stock price.